FLYNN MATTHEW P 4
4 · AXCELIS TECHNOLOGIES INC · Filed Feb 9, 2011
Insider Transaction Report
Form 4
FLYNN MATTHEW P
EVP, Customer Operations
Transactions
- Sale
Common Stock
2011-02-08$2.80/sh−27,240$76,272→ 79,895 total - Exercise/Conversion
Axcelis non-qualified stock option (right to buy)
2011-02-08−22,500→ 112,500 totalExercise: $1.16From: 2010-11-16Exp: 2019-11-15→ Common Stock (22,500 underlying) - Exercise/Conversion
Common Stock
2011-02-08$1.16/sh+22,500$26,100→ 129,635 total - Sale
Common Stock
2011-02-08$2.79/sh−22,500$62,775→ 107,135 total
Footnotes (2)
- [F1]Of the shares held as of February 8, 2011, 16,909 were issuable on vesting of restricted stock units granted the executive under the 2000 Stock Plan and are subject to forfeiture. A portion of these shares will be withheld by the Company on vesting to satisfy tax withholding requirements.
- [F2]This option is a portion of an option granted on November 16, 2009, which is exercisable as to 25% of the total shares granted on each of the first four anniversaries of the date of grant.